Amman Stock Exchange Daily Report - 8 January

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1. Amman Stock Exchange 8-Jan-17 Close AMMAN SE GENERAL INDEX 2 ,170.05 % Change Year-to-Date (YTD) -0.06% 1.58% Daily Volume (shares) 4,899,554 6 MONTHS INDEX PERFORMANCE 2,200 2,180 2,160 2,140 2,120 2,100 2,080 2,060 2,040 2,020 Best/Worst Performing Companies Best Performers AL AMAL FINANCIAL INVESTMENT UNION TOBACCO & CIGARETTE ZARA INVESTMENTS UNITED FINANCIAL INVESTMENTS AD-DULAYL INDUSTRIAL PARK CO % Change 6.49 5.00 4.88 4.35 4.08 Top Traded Companies by Value SPECIALIZED INVESTMENT COMPO ARAB BANK PLC AD-DULAYL INDUSTRIAL PARK CO AL AMAL FINANCIAL INVESTMENT ARAB EAST INVESTMENT * Source: Bloomberg Worst Performers JORDAN TELECOM HAYAT PHARMACEUTICAL INDUSTR AMAD INVESTMENT & REAL ESTAT JORDAN MASAKEN FOR LAND & IN ARABIAN AVIATION INVESTMENT % Change (2.48) (2.55) (2.72) (4.24) (4.77) Top Traded Companies by Volume Value traded (JOD) 608,970.10 271,811.00 576,487.40 389,096.80 319,657.30 Volume traded (Shares) AD-DULAYL INDUSTRIAL PARK CO 1,130,995 ARAB EAST INVESTMENT 583,697 SPECIALIZED INVESTMENT COMPO 450,320 AL AMAL FINANCIAL INVESTMENT 490,726 BARTER CO FOR INVESTMENT & T 264,720
2. Macroeconomic & Corporate News Gov’t plans to hike fuel prices, unify sales tax at 16% The government plans to raise the prices of fuel derivates by JD0.07 per litre starting from next month, Finance Minister Omar Malhas told members of the Lower House Finance Committee on Sunday, in the presence of Prime Minister Hani Mulki. “In light of the economic situation in the Kingdom, the government has no other choice than to raise the prices of fuel derivatives by seven piasters [per litre], as of next month," Malhas told lawmakers. He said that the price of the gas cylinder used for cooking and heating would also be raised by JD1.5 However, at a Lower House oversight session also held on Sunday, Mulki assured MPs that the price of a gas cylinder will remain unchanged at JD7. World Bank Group supports Jordan’s investment efforts The World Bank Group, through its Trade and Competitiveness Global Practice, has supported the Jordan Investment Commission (JIC) in launching its e-investment portal and incentives inventory, according to a recent JIC statement. The einvestment portal will help the JIC improve its services and interactions with the private sector, with a focus on attracting investment, increasing transparency and improving business regulations, JIC said. It will facilitate investors’ access to information about private investment opportunities in Jordan and the services offered by JIC, including the Investment Single Window, which serves as a one stop shop for business registration. It will also include an inventory of investment incentives that will help JIC enhance transparency about the tax, customs and financial incentives offered by different government agencies in Jordan, it added. * Source: Bloomberg, Jordan Times, Zawya Disclaimer Awraq Investments and its affiliates obtain information from sources they believe to be reliable, but do not warrant its accuracy or fitness for a particular purpose, and disclaim for themselves and their information providers all liability arising from the use. The Information in this publication is provided in good faith for informational purposes only. The information provided is not offered as tax, legal, or investment advice, or an offer to buy or sell securities or otherwise. The information provided in this publication may be displayed and printed for your personal, non-commercial use only. You may not reproduce, re-transmit, distribute, disseminate, sell, publish, broadcast, or circulate the information in any form or media to anyone, without the expressed written consent of Awraq Investments. Awraq Investments is not liable for any loss resulting from any action taken or reliance made by any person on any information or material posted by it. You should make your own inquiries and seek independent advice from relevant industry professionals before acting or relying on any information or material made available to you in this publication. You rely on this information at your own risk. Awraq Investments, its subsidiaries, parent, and/or any connected parties, may act or trade and/or enter into any transaction that maybe inconsistent or disregard any information contained herein.